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The drama of Eliot Spitzer’s rise and fall may be coming to a theater near you

By John Decker

May 1, 2008 at 2:03pm

Although Eliot Spitzer’s spectacular political flameout may be fading from most people’s memories, the tale may soon be revisited on the silver screen.

Journalist Peter Elkind and film director Alex Gibney have teamed up to produce a movie and book about the former New York governor’s steady rise and rapid fall in the wake of the scandal involving Emperor’s Club V.I.P. prostitution ring, in which he was implicated as a client.

Book publisher Portfolio, an imprint of Penguin Books, has acquired the rights to the book by Elkind, now a senior writer for Fortune magazine. Elkind was the co-author of Portfolio-published The Smartest Guys in the Room, a 2003 bestseller about the rise and fall of the Enron Corporation.

World rights for the book were acquired by Portfolio publisher Adrian Zackheim from agent Liz Darhansoff at Darhansoff, Verrill & Feldman, according to an announcement from Portfolio books.

Elkind will collaborate with Gibney, who is simultaneously directing a documentary about Spitzer. Gibney won the 2007 Academy Award for best documentary feature for his film Taxi to the Dark Side.

Elkind and Gibney worked together previously on Gibney’s film adaptation of The Smartest Guys in the Room, which was also nominated for an Academy Award.

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